Adding any kind of food (any input of nitrogen or phosphorus) can potentially increase dissolved nutrient concentrations, and PNS YelloSno is no exception in that. The key issue here is to avoid overfeeding.
Unlike PNS YelloSno, PNS ProBio is a live product. These bacteria actually take up ammonia, nitrite, nitrate and phosphate from the water as they multiply, so they actually help to reduce nutrient levels.
Even beyond that important difference, YelloSno (a food) and ProBio (a bio-remediator) are two totally different products. YelloSno is a specialized marine invert food (especially for pods, soft corals and tube worms). While ProBio certainly is an amazing food (especially for bivalve mollusks, stony corals and sponges), it is most widely used for its ability to reduce both dissolved nutrients and dissolved organics. While YelloSno and ProBio both contain purple non-sulfur bacteria (R. palustris), they are quite different nutritionally.
Particularly for mixed tanks, I've always suggested feeding both, on alternating days!